LOADING

82 Nassau Street Oshawa (Vanier), Ontario L1J 4A4

4 Bedroom 2 Bathroom 1500 - 2000 Sqft
Forced Air

$700,000

Opportunity knocks for you to own a Vacant, Legal, Two Unit Dwelling, registered with the City of Oshawa on a double wide lot. Oozing with old world charm and character, this home is the an ideal investment with upside or the perfect first step on the property ladder. Live in the spacious one bedroom, ground floor unit and rent out the three bedroom upper unit, to pay most of your mortgage, or rent out both units while pursuing the highest and best use of the property. A draft survey has already been completed to pursue Release of Part Lot Control from the City (easier than a severance through the Region) or you can explore the possibility of building a Garage/ Garden Suite on the property. An unfinished basement, with a separate entrance, provides ample storage or an opportunity for a savvy investor to expand. Sweat equity or the patience to pursue development opportunities will add considerable cashflow. Both units had long term tenants but the tenant in the lower unit, who has already vacated, were paying $1383.75 earlier this year and the tenants in the upper unit are currently paying $1869.25 but are planning to vacate November 30th. Nestled in central Oshawa, this property offers unparalleled convenience and accessibility. Proximity to transit, the 401, restaurants, and shopping, at the Oshawa Centre, ensures everyday convenience, while easy access to post-secondary education institutions such as Durham College and UOIT makes it an ideal location for tenants and students alike. Families will appreciate the short walking distance to nearby parks, and schools, offering peace of mind and convenience. **** EXTRAS **** New Electrical: 2014 (including 200 amp service, separate panels & meters for each unit), Furnace: 2016 (has emergency fire shut off), Roof: 2015, HWT: 2017, Plumbing: Updated in 2015, Separate Laundry (Upper machines replaced in 2022) (id:57557)

Property Details

MLS® Number E10440847
Property Type Single Family
Community Name Vanier
Amenities Near By Hospital, Park, Public Transit
Community Features School Bus
Equipment Type Water Heater
Features Flat Site, Paved Yard, In-law Suite
Parking Space Total 6
Rental Equipment Type Water Heater
Structure Deck, Porch

Building

Bathroom Total 2
Bedrooms Above Ground 4
Bedrooms Total 4
Amenities Separate Electricity Meters
Basement Development Unfinished
Basement Features Separate Entrance
Basement Type N/a (unfinished)
Construction Style Attachment Detached
Exterior Finish Brick
Fire Protection Smoke Detectors
Flooring Type Tile, Hardwood, Vinyl, Laminate
Foundation Type Poured Concrete
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 3
Size Interior 1500 - 2000 Sqft
Type House
Utility Water Municipal Water

Parking

R V

Land

Acreage No
Land Amenities Hospital, Park, Public Transit
Sewer Sanitary Sewer
Size Depth 100 Ft
Size Frontage 65 Ft
Size Irregular 65 X 100 Ft
Size Total Text 65 X 100 Ft
Zoning Description R2

Rooms

Level Type Dimensions
Second Level Kitchen 3.82 m x 3.27 m
Second Level Bedroom 4.16 m x 3.09 m
Second Level Bedroom 2 3.7 m x 3.15 m
Second Level Bedroom 3 3.85 m x 2.32 m
Third Level Family Room 2.75 m x 2.65 m
Basement Other 7.71 m x 2.85 m
Basement Laundry Room 5.84 m x 3.85 m
Basement Utility Room 7.69 m x 2.82 m
Main Level Kitchen 4.04 m x 3.84 m
Main Level Living Room 4.69 m x 3.77 m
Main Level Primary Bedroom 3.76 m x 3.66 m
Main Level Foyer 2.97 m x 2.05 m

Utilities

Cable Available
Sewer Installed